Markets
Inflation rises 1.88% in July, mixed impact for auto
- August 14, 2017
In the "Non-Food Articles" group, the index rose by 0.6 percent, at 118.5 (provisional) from 117.8 (provisional) for the previous month, due to higher price of raw rubber (eight percent), safflower (four percent) and castor seed (one percent). (more...)
- August 14, 2017
In the "Non-Food Articles" group, the index rose by 0.6 percent, at 118.5 (provisional) from 117.8 (provisional) for the previous month, due to higher price of raw rubber (eight percent), safflower (four percent) and castor seed (one percent). (more...)
Russian Federation and Germany weigh in on North Korea war rhetoric
- August 14, 2017
June's United Kingdom industrial & manufacturing production numbers came in mixed, with all gains in industrial output pretty much countered by a flat month for manufacturing. The dollar weakened after news that US producer prices unexpectedly fell in July, recording their biggest drop in almost a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase. (more...)
- August 14, 2017
June's United Kingdom industrial & manufacturing production numbers came in mixed, with all gains in industrial output pretty much countered by a flat month for manufacturing. The dollar weakened after news that US producer prices unexpectedly fell in July, recording their biggest drop in almost a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase. (more...)
GoDaddy bans neo-Nazi site Daily Stormer for defaming Charlottesville victim Heather Heyer
- August 14, 2017
Shortly before The Daily Stormer went offline on Monday, a post purporting to be by Anonymous claimed it had gained access to the site. Several Anonymous-linked Twitter accounts suggested the hacking was a fake staged by its owner Andrew Anglin . (more...)
- August 14, 2017
Shortly before The Daily Stormer went offline on Monday, a post purporting to be by Anonymous claimed it had gained access to the site. Several Anonymous-linked Twitter accounts suggested the hacking was a fake staged by its owner Andrew Anglin . (more...)
Bruno Mars Donates $1 Million to Victims of the Flint Water Crisis
- August 14, 2017
In a statement, Mars gave a nod to his MI fans and acknowledged how long and hard this has been and will be for the residents of Flint . In an interview with ABC News , Mars said that he is very thankful to the MI audience for supporting and joining him in this good cause. (more...)
- August 14, 2017
In a statement, Mars gave a nod to his MI fans and acknowledged how long and hard this has been and will be for the residents of Flint . In an interview with ABC News , Mars said that he is very thankful to the MI audience for supporting and joining him in this good cause. (more...)
Asia stocks snap back into the red on simmering N.Korea tensions
- August 14, 2017
Trump stepped up his campaign of pressure on North Korea , promising a response to any strike against America or its allies. The rhetoric between the US and North Korea has continued to heat up, leading traders to look to safe havens such as gold and treasuries. (more...)
- August 14, 2017
Trump stepped up his campaign of pressure on North Korea , promising a response to any strike against America or its allies. The rhetoric between the US and North Korea has continued to heat up, leading traders to look to safe havens such as gold and treasuries. (more...)
Abidal tells Mbappe to stay with Monaco
- August 14, 2017
Campbell and Steve Bould were on target when George Graham's side suffered a 4-2 home defeat to Norwich, an inauspicious maiden outing in the initial Premier League season. "Philippe has tried very hard to find an amicable solution to this situation but to no avail", a member of Coutinho's family reportedly told Sky Sports . (more...)
- August 14, 2017
Campbell and Steve Bould were on target when George Graham's side suffered a 4-2 home defeat to Norwich, an inauspicious maiden outing in the initial Premier League season. "Philippe has tried very hard to find an amicable solution to this situation but to no avail", a member of Coutinho's family reportedly told Sky Sports . (more...)
Bitcoin Price Holds above $4000 , Boosted by Japan and Geopolitical Turmoil
- August 14, 2017
Motivated by the surging price and increased demand, big currency players like Goldman Sachs and JP Morgan are actively promoting Bitcoin to clients and portfolio managers. " Bitcoin is benefitting from geopolitical tensions; trading in Japan and Korea has increased significantly over the last few months", said Brian Kelly, a CNBC contributor and head of BKCM, which operates a digital asset strategy. (more...)
- August 14, 2017
Motivated by the surging price and increased demand, big currency players like Goldman Sachs and JP Morgan are actively promoting Bitcoin to clients and portfolio managers. " Bitcoin is benefitting from geopolitical tensions; trading in Japan and Korea has increased significantly over the last few months", said Brian Kelly, a CNBC contributor and head of BKCM, which operates a digital asset strategy. (more...)
Wenger Wants Arsenal Star To Be Like Zlatan
- August 14, 2017
With what will surely be the first of many Lacazette has already got his first Arsenal goal in his first Premier League outing, joining Freddie Ljungberg, Emmanuel Adebayor, Samir Nasri and Thomas Vermaelen in doing so in the Wenger era. Wenger believes that kind of investment, with the likes of Manchester United and Chelsea having also spent big, will make the 2017-18 campaign his most hard to date. (more...)
- August 14, 2017
With what will surely be the first of many Lacazette has already got his first Arsenal goal in his first Premier League outing, joining Freddie Ljungberg, Emmanuel Adebayor, Samir Nasri and Thomas Vermaelen in doing so in the Wenger era. Wenger believes that kind of investment, with the likes of Manchester United and Chelsea having also spent big, will make the 2017-18 campaign his most hard to date. (more...)
Stocks Regain Ground But Still Close Lower For The Week
- August 14, 2017
The hope that the Fed will have to slow its rate-hike path appeared to stop, at least for now, the near $1-trillion loss in world stocks valuations this week triggered by the war of words between Pyongyang and Washington. Although the metal is now following a positive trajectory on the daily charts, market players might decide to remain on the sidelines ahead of the U.S. (more...)
- August 14, 2017
The hope that the Fed will have to slow its rate-hike path appeared to stop, at least for now, the near $1-trillion loss in world stocks valuations this week triggered by the war of words between Pyongyang and Washington. Although the metal is now following a positive trajectory on the daily charts, market players might decide to remain on the sidelines ahead of the U.S. (more...)
Investors seek safety as North Korea tension escalates; stocks end off lows
- August 14, 2017
Those highs were supported by strong corporate earnings, but lofty market valuations and a prolonged period without a significant market pullback had some analysts predicting a sell-off. The greenback was down 1.1 against the franc, its worst drop in more than six weeks. Tokyo's Nikkei 225 tumbled 1.3 percent, while Seoul's Kospi fell 1.1 percent. (more...)
- August 14, 2017
Those highs were supported by strong corporate earnings, but lofty market valuations and a prolonged period without a significant market pullback had some analysts predicting a sell-off. The greenback was down 1.1 against the franc, its worst drop in more than six weeks. Tokyo's Nikkei 225 tumbled 1.3 percent, while Seoul's Kospi fell 1.1 percent. (more...)
Global markets pressured by North Korea fears
- August 14, 2017
Platinum fell 0.3% to US$968.20 per ounce. Australia's S&P/ASX 200 dropped 1.1 percent to 5,696.80. The Russell 2000 index gave up 1.7 percent to 1,372.54. In other precious metals, silver rose 0.8% to US$17.04 per ounce, after hitting its highest since June 15 earlier in the session. Yields on core government debt fell. (more...)
- August 14, 2017
Platinum fell 0.3% to US$968.20 per ounce. Australia's S&P/ASX 200 dropped 1.1 percent to 5,696.80. The Russell 2000 index gave up 1.7 percent to 1,372.54. In other precious metals, silver rose 0.8% to US$17.04 per ounce, after hitting its highest since June 15 earlier in the session. Yields on core government debt fell. (more...)
U.S. dollar jumps amid Trump North Korea nuclear war worrries
- August 14, 2017
North Korea also laid out detailed plans of how it would launch a missile strike on US military bases in Guam. Some investors are on edge after U.S. Japan is the world's biggest creditor nation and there is an assumption Japanese investors may repatriate their foreign holdings in times of heightened global uncertainty. (more...)
- August 14, 2017
North Korea also laid out detailed plans of how it would launch a missile strike on US military bases in Guam. Some investors are on edge after U.S. Japan is the world's biggest creditor nation and there is an assumption Japanese investors may repatriate their foreign holdings in times of heightened global uncertainty. (more...)
S&P suffers weekly loss amid ongoing US-N.Korea tensions
- August 14, 2017
The Nasdaq composite outperformed, rising 0.64 percent to 6,256.56 as large-cap tech stocks rebounded. "And while risks remain elevated from a geopolitical perspective, valuations are not necessarily excessive, though full". The weaker-than-expected consumer price data in July, which pointed to benign inflation , could cause the Federal Reserve to hold off from raising rates again this year. (more...)
- August 14, 2017
The Nasdaq composite outperformed, rising 0.64 percent to 6,256.56 as large-cap tech stocks rebounded. "And while risks remain elevated from a geopolitical perspective, valuations are not necessarily excessive, though full". The weaker-than-expected consumer price data in July, which pointed to benign inflation , could cause the Federal Reserve to hold off from raising rates again this year. (more...)
North Korea tensions send dollar to eight-week low vs. yen
- August 14, 2017
US producer prices unexpectedly fell in July, recording their biggest drop in almost a year, while another set showed the number of Americans filing for unemployment benefits unexpectedly rose last week. With President Donald Trump warning North Korea of " fire and fury ", investors have become concerned that the war of words between Washington and Pyongyang could spiral out of control. (more...)
- August 14, 2017
US producer prices unexpectedly fell in July, recording their biggest drop in almost a year, while another set showed the number of Americans filing for unemployment benefits unexpectedly rose last week. With President Donald Trump warning North Korea of " fire and fury ", investors have become concerned that the war of words between Washington and Pyongyang could spiral out of control. (more...)
Wall St down for the week on N Korea
- August 14, 2017
The Nasdaq finished the day at 6,216.87, a slide of 135.46, while the S&P 500 lost almost 1.5 percent, ending the day at 2,438.21. Strong gains in NY, where the Dow saw repeated record highs up until three day ago, had kept investor optimism high when news of the conflict first broke, Currie said. (more...)
- August 14, 2017
The Nasdaq finished the day at 6,216.87, a slide of 135.46, while the S&P 500 lost almost 1.5 percent, ending the day at 2,438.21. Strong gains in NY, where the Dow saw repeated record highs up until three day ago, had kept investor optimism high when news of the conflict first broke, Currie said. (more...)
Trump to call for probe of 'unfair' Chinese trade practices
- August 14, 2017
Trump's action amounts to a request that his trade representative determine whether an investigation is needed under the Trade Act of 1974. On Saturday, administration officials said the new trade measure was "totally unrelated" to events involving North Korea. (more...)
- August 14, 2017
Trump's action amounts to a request that his trade representative determine whether an investigation is needed under the Trade Act of 1974. On Saturday, administration officials said the new trade measure was "totally unrelated" to events involving North Korea. (more...)
Investors take a breath as US Stocks end winning streak
- August 14, 2017
The Dow Jones industrial average fell 36 points, or 0.2 percent, to 22,048. Equity markets around the world had fallen as the war of words between the USA and North Korea escalated, with the Dow recording its second negative close, although its 0.2 per cent loss was smaller than in other bourses. (more...)
- August 14, 2017
The Dow Jones industrial average fell 36 points, or 0.2 percent, to 22,048. Equity markets around the world had fallen as the war of words between the USA and North Korea escalated, with the Dow recording its second negative close, although its 0.2 per cent loss was smaller than in other bourses. (more...)
SoundCloud secures its 'largest financing round,' names former Vimeo exec new CEO
- August 14, 2017
One source familiar with the investment said it amounted to around US$170mil, as reported last Thursday by online news site Axios, which had obtained the deal's term sheet. Raine, a boutique investment bank, has also backed Vice Media, DraftKings and Imagine Entertainment. Although Ljung has been the CEO and chairman of the company for almost a decade, the founder will now simply just oversee the company as a chairman. (more...)
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- August 14, 2017
One source familiar with the investment said it amounted to around US$170mil, as reported last Thursday by online news site Axios, which had obtained the deal's term sheet. Raine, a boutique investment bank, has also backed Vice Media, DraftKings and Imagine Entertainment. Although Ljung has been the CEO and chairman of the company for almost a decade, the founder will now simply just oversee the company as a chairman. (more...)
US Futures Point South as US-North Korea Rhetoric Heats Up
- August 14, 2017
Positive sentiment was also generated by a report from the Labor Department showing just a modest uptick in consumer prices in the month of July. Its weekly gain of 2.6 percent is the largest since June 2016. But are investors really nervous about a possible military conflict with Kim Jong Un? "It's unbelievable when you consider the headlines just how calm the equity markets are, how they've taken things in their stride", said Ryan Detrick, senior market strategist at LPL Financial in ... (more...)
- August 14, 2017
Positive sentiment was also generated by a report from the Labor Department showing just a modest uptick in consumer prices in the month of July. Its weekly gain of 2.6 percent is the largest since June 2016. But are investors really nervous about a possible military conflict with Kim Jong Un? "It's unbelievable when you consider the headlines just how calm the equity markets are, how they've taken things in their stride", said Ryan Detrick, senior market strategist at LPL Financial in ... (more...)
Hackers leak email indicating HBO has agreed to negotiate and pay $250000
- August 14, 2017
According to Hollywood Reporter , hackers have leaked a screenshot of an email that shows a senior HBO VP offering the hackers $250,000 as a "bug bounty payment". So far, they have released some unaired episodes of HBO content including Ballers and Room 104 . The hackers have stated that there are personal details that can prove to be disastrous for the company. (more...)
- August 14, 2017
According to Hollywood Reporter , hackers have leaked a screenshot of an email that shows a senior HBO VP offering the hackers $250,000 as a "bug bounty payment". So far, they have released some unaired episodes of HBO content including Ballers and Room 104 . The hackers have stated that there are personal details that can prove to be disastrous for the company. (more...)
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99.7% Of Cypress Semiconductor Corporation (CY) Is Owned By Hedge Funds